The BLM on Tuesday leased 14 oil and gas parcels spanning 7,895 acres in Colorado for more than $6.7 million, setting a revenue record in one of one of the largest state lease sales in at least 20 years.
And more are coming as the BLM plans the largest sale in more than two decades in March 2026 and the second largest in December, with a total of 174 parcels spanning nearly 124,000 acres offered in both auctions.
The pending auctions reveal the Trump administration’s stark shift from President Joe Biden, who offered fewer acres of public land for oil and gas development than any administration since WWII .
Since 2022, the BLM has sold only three leases to energy developers in Colorado, covering a little more than 400 acres. There were no new oil and gas leases offered or sold in 2023